The Lotte and Hyundai Construction consortium has secured a public redevelopment project in Anyang, Gyeonggi Province, with a construction cost of approximately 1.4 trillion won.
On August 29, the consortium was selected as the construction company for the 'Chunghunbu Public Redevelopment Project' during a general meeting held at the Anyang City Hall auditorium. The announcement was made on August 30.
This project involves the redevelopment of the area around 768-6 Chunghun-dong in Anyang's Manan District. It will consist of 19 buildings, with a total of 3,856 residential units, rising from four underground floors to a maximum of 49 stories. The total construction cost is estimated at about 1.4278 trillion won.
The consortium proposed the new complex name 'Trevistra,' combining the Italian word 'TRE,' meaning 'three,' and 'VISTA,' meaning 'view.' This name reflects the project's aim to create a landmark complex representing Anyang, featuring views of the Anyangcheon River, Surisan Mountain, and the city skyline.
The site is adjacent to Chunghun Park and Anyang Saemul Park. Nearby educational institutions include Seoksu Elementary School, Anyang Middle School, and Chunghun High School, providing a walkable educational environment. The location also offers convenient access to Seoul and the metropolitan area via Gwangmyeong Station, which serves the Seoul Subway Line 1 and KTX, as well as the Gwangmyeong General Terminal.
The Lotte and Hyundai consortium's design includes a sunken garden, a large plaza, and a 4.5-kilometer themed walking path. They also proposed specialized community facilities, including a sky lounge on the 32nd floor to enhance the living experience.
This contract marks Lotte Construction's first entry into the public redevelopment sector. The company plans to establish dedicated personnel for major public redevelopment projects, including a mixed-use public housing project near Yaksu Station in Seoul and the Myeonmok 9 District housing maintenance project.
As large construction firms continue to pursue selective contracts, public redevelopment is emerging as a competitive sector, particularly for large-scale projects with favorable locations and business viability.
A representative from Lotte Construction stated, 'We proposed a specialized design that combines the construction expertise and capabilities of both Lotte and Hyundai. We will do our utmost to ensure the successful development of a landmark complex that represents Anyang, based on our perfect teamwork.'
* This article has been translated by AI.
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